Two multi-million pound projects offering competing visions to secure Britain’s future power demands were given a green light by the Government today. Centrica, the owner of British Gas, has been granted the go-ahead to build a gigantic The 885-megawatt facility will be the UK’s first major new power plant for five years when it opens […]
Twilight In the Desert or Dawn In the Southern Hemisphere? …The empirical realities outlined above have given me cause to view things differently. The notion that the world As I have often stated in papers I
CARACAS, Venezuela – The construction of a natural gas pipeline to connect Colombia with Venezuela and eventually offer access to markets in Asia will begin next month, officials said Thursday. Venezuelan Deputy Foreign Minister Pavel Rondon, speaking on the sidelines of talks between Venezuelan Foreign Minister Ali Rodriguez and his Colombian counterpart, Carolina Barco, said […]
WASHINGTON (AFP) – Crude oil prices remain skewed by geopolitical factors, but a fair market price should be in a range of 50 to 55 dollars a barrel, Qatari Energy Minister Abdullah al Attiyah said. Speaking to journalists in Washington, Attiyah said his country and other members of the Organization of the Petroleum Exporting Countries […]
WASHINGTON (Reuters) – Oil giant BP Plc (BP.L) plans to invest about $37 billion in the United States, the world’s biggest energy consumer, to explore, produce and process more oil and natural gas, BP Chief Executive John Browne said on Thursday. BP will spend $16 billion over the next decade on oil and natural gas […]
An imminent power crisis was obvious in Sri Lanka, after an appeal was made yesterday by the Power and Energy Ministry, requesting all offices, both state owned and private to try and conserve electricity as much as possible. Despite the country’s annual electricity demand increasing by around 10%, successive Government’s in Sri Lanka has failed […]
Nanotechnology to help extract more petrol from oil fields has been developed by researchers from The University of Queensland’s Australian Institute for Bioengineering and Nanotechnology (AIBN). With oil companies forced to leave behind as much as two barrels for every barrel of oil they produce, this revolutionary technology could help reduce the cost of supplying […]
It is conventional wisdom among students of peak oil that worldwide peak oil production will not be recognized, and certainly not “officially” certified by some organization or other, until some years after the event has passed. The exception to this, of course, is if some natural or man-made catastrophe shuts down a lot of oil […]
The Chevron Corp. crew is developing a deepwater oil field 190 miles (305 kilometers) off the Louisiana coast projected to produce 100,000 barrels a day by 2008 and 500 million barrels overall. Each well will reach more than 26,000 feet (7,800 meters) below sea level. It’s the kind of deepwater discovery once thought to be […]
Chinese cities have been ordered to put back their cycle lanes in the hope of restoring the nation’s image as the land of the bicycle. The government is also considering following London’s lead and introducing congestion charges to cut traffic. The picture of Chinese cities as a seething tide of grey-clad cyclists, perpetuated until very […]
Cycling is enjoying a renaissance in Scotland, its growing popularity driven by soaring fuel prices, increasing congestion and health concerns. Figures reveal the number of cyclists using one of Edinburgh’s main cycle paths has risen by more than half in just one year. And the UK-wide survey released yesterday also found that nearly half those […]
Global palm oil consumption is forecast to reach a record 37.3 million metric tonne (MMT) in 2006/07. The larger food consumption forecast is driven primarily by increased palm oil demand in China and India. Growth in industrial use comes as Malaysia, China and the EU-25 expand their palm oil biofuels programs. The demand emanating from […]
The manufacturing sector has been severely hit by coal shortages forcing some companies to import from neighbouring Botswana at considerable expense in scarce foreign currency. Hwange Colliery Company (HCC) has the potential to meet coal requirements both for the local and export markets, but this has not been possible due to perennial operational and financial […]
Uganda’s severe power crisis will curtail the government’s plans to boost domestic revenues in Thursday’s budget so as to reduce reliance on donor aid, business leaders and analysts said on Wednesday. Uganda has suffered crippling electricity shortages for months. Residents in Kampala receive power for just 24 of every 48 hours, and almost every business […]
When it comes to saving energy, we Koreans have said one thing and done another. Even foreigners know it, as revealed by a recent British Petroleum report. According to BP’s Statistical Review of World Energy 2006, Korea’s energy consumption jumped 3.7 percent last year, way above the 2.7 percent global average. The increase is higher […]
Calgary ? Only 2.8 per cent of Alberta’s established oilsands reserves have been developed for production, despite major recent expansions in the sector, the province’s energy regulator said Thursday. Alberta’s oilsands reserves are estimated at 174 billion barrels, despite nearly 40 years of production, said Alberta Energy and Utilities Board chairman Neil McCrank.Toronto Star
Peak oil is described as the point where oil production stops rising and begins its inevitable long-term decline. No one knows when that will be, but many experts believe we have already reached the peak. Others say it will occur within the next few years. But what will happen after Peak Oil. Here, Lester Brown, […]
Hype or the ‘Holy Grail’, hydrogen energy is set to follow in the footsteps of Galileo and become the next EU Joint Technology Initiative. Background: There are currently 29 European Technology Platforms (ETP), which are major large-scale research initiatives in key technology areas such as chemicals, nanotechnology, automobiles and food. They bring together companies, research […]
Electric-car technology is accelerating at such a pace that even the most sceptical of petrolheads will have to take notice. For the British motorist, it seems, the electric car has all the automotive appeal of a milk float. Last year, with prices of $3 a gallon looming, Americans bought 200,000 fuel-saving hybrids; the gadget-loving Japanese […]
If, hypothetically, all U.S. cars ran on 100 percent corn-based ethanol, and if one Ivy League professor’s analysis is correct, then 97 percent of the entire country’s land area — including real estate now occupied by cities — would be needed to grow corn. toptechnews
Iranian President Mahmoud Ahmadinejad offered energy cooperation to oil-thirsty China and other countries on Thursday, seeking to win friends but avoiding direct mention of Iran’s nuclear standoff with the West. yahoo
High-temperature fuel cells promise clean, efficient energy in quantities large enough to power cities. But, so far, they’ve been too expensive for widespread use. One major problem is the sulfur in fossil fuels, such as coal, oil, and natural gas, which contaminates the hydrogen gas that runs the cells. The sulfur attacks and degrades a […]
Although the document did not offer a specific plan, it outlined a series of recommendations. The main proposal was to diversify energy supplies away from the Middle East by utilising Russian oil and gas as a long-term strategy. It also suggested the use of investment, financial aid and other benefits to establish a stable group […]
With global temperatures rising, the Arctic greencarcongress
At this time, the United States is hurtling toward the cliff like Thelma and Louise , but we’re in our Hummers rather than a convertible. And, we are dragging the world … and future generations … behind us, bound hand and foot by our dangerous habits and shaky energy structure. Energize America seeks to take […]
Never one to lack an opinion or tend toward obfuscation, McElroy was very upbeat and positive about alternative energy sources, as his comments will demonstrate: Ethanol & E85 theautochannel
Houston Chronicle – Chevron Corp. said Thursday it’s teaming up with the Georgia Institute of Technology for research and development of the next generation biofuel and hydrogen-powered transportation technologies. Chevron subsidiary Chevron Technology Ventures will contribute up to $12 million over five years for research with the school’s Strategic Energy Institute, the company said. The […]
This story will focus a bit on the history of energy in Thailand and more on the affects of current prices on their economy and how this South East Asian country is trying cope with the stress this has caused. While there are large differences, there are eerie similarities with the United States, though on […]
Global oil reserves were little changed in 2005 as increases in Russia, the world’s second-largest oil producer, and Iran compensated for declines in other countries, such as Mexico, BP said yesterday. In Saudi Arabia, the world’s biggest oil producer, reserves slipped to 264.2 billion barrels from 264.3 billion.The Australian
The energy industry is investing too slowly in new supplies to prevent runaway prices from crossing the pain threshold for Asian consumers, industry experts and executives said this week. The lure of $70 a barrel oil has failed to spur firms to develop enough new oilfields, refineries and pipelines to sate demand, leaving consumers facing […]
Oil News Categories
Recent Board Topics
Archive
LATEST NEWS HEADLINES

Member Comments
PO Real Time
No tweets available